Following the recent 64.3% of the trading volume, UniSwap had the most activity, followed by Aerodrome Finance with 9.7% and SharkSwap with 7.8%. Ethereum layer-2 network by Coinbase Base has broken its own 24-hour trading volume record on decentralised exchanges (DEX), increasing by about 25% from the day before and crossing the $1 billion threshold.

Roman Storm’s solicitors said that since “there was nothing” Storm could have done to stop sanctioned businesses from utilising the crypto mixer, the accusations are “fatally flawed” and ought to be dropped. Roman Storm, a co-founder of Tornado Cash, a cryptocurrency mixer, has filed a motion to have all three of the allegations against him

On March 29, Dogwifhat (WIF), a memecoin headquartered in Solana, surpassed Pepe (PEPE) token to become the third-largest memetoken by market valuation. According to CoinMarketCap data, Dogwifhat’s price reached a new all-time high of $4.64 on March 30 before declining to its current $4.32 level as of 2:00 pm (UTC). Dogwifhat surpassed the Pepe token’s $3.4 billion market cap to become the third-largest memecoin, with a $4.3 billion market cap, after a weekly rise of almost 87%.As a result, WIF is now the thirty-first-largest cryptocurrency. Even though WIF has increased by more than 431% in the last month, the largest holding has not sold.According to Coinstats, the wallet currently has $139.5 million worth of WIF tokens in it, purchased at an average price of $0.32. This represents an unrealized profit of $127.3 million. On March 14, Dogwifhat’s price reached its previous high of $3 as a result of supporters raising over $700,000 to display the token’s emblem on the Las Vegas globe.WIF’s price increased by 25% as soon as the crowdfunding campaign was revealed. Arthur Hayes projected that the memecoin headquartered in Solana would rise to $10 just before it initially touched $3.In an X post from March 14, Hayes, the chief investment officer of Maelstrom and the former CEO of BitMEX, wrote. Although Dogwifhat is based on an internet meme, it is not the first dog-themed memecoin to attain multibillion-dollar valuations.In May 2021, Dogecoin’s market capitalization hit a record $75.2 billion; at present, its value stands at $30.2 billion.To reach DOGE’s market size, Dogwifhat’s price would need to rise eightfold, to $30.8 per token, which is standard for the memecoin industry.Dogecoin’s price increased by approximately 892% in the month preceding its peak, from $0.07433 on April 12, 2021, to $0.7376 on May 6, during the bull market of 2021.

After the daily close on March 29, Botcoire returned to $70,000 as traders counted down to a thrilling Q1. A preliminary BTC price support was formed into the weekend by historical all-time highs at $69,000, according to data from TradingView and Cointelegraph Markets Pro.Around $1,000 was added to Bitcoin in the later hours of the day, presumably as a result of remarks made by US Federal Reserve Chair Jerome Powell.At the Macroeconomics and Monetary Policy Conference in San Francisco, California, Powell gave a measured speech about inflation and the future of the economy. He emphasized that the Fed was not in a rush to lower interest rates, which is a crucial development for risky assets. “Growth is strong right now, the labor market is strong right now and inflation has been coming down,” he said. “We can and we will be careful about this decision — because we can be.” According to statistics from CME Group’s FedWatch Tool, June is presently the most likely month for the first such cut to occur, with 61% odds of a 0.25% reduction at the Federal Open Market Committee, or FOMC, meeting that month.The Personal Consumption Expenditures (PCE) Index, which is the Fed’s favored inflation indicator, released its most recent print on March 29, which coincided with a Wall Street holiday, and met forecasts at 2.5%. Considering the hurdles for BTC price action next, attention continues to focus on the weekly, monthly

Sphere 3D is being prevented from spending $10 million from a recent settlement with Core Scientific by Gryphon Digital Mining. On March 25, Sphere 3D and Gryphon Digital Mining, two Bitcoin miners, entered into a fresh legal battle in which the latter aims to prevent the distribution of $10 million from a recent settlement. Gryphon

Grayscale’s Dynamic Income Fund is only available to investors who meet the requirements of having assets under management surpassing $1.1 million or a net worth exceeding $2.2 million. A fund for affluent investors willing to expose their holdings to profits from staking bitcoin tokens has been announced by Grayscale Investments. Only clients with a net

Custodia Bank said that it is a “second-class citizen” dependent on an intermediary bank in the absence of a master account. Custodia Bank’s request for a declaratory judgement was denied by the US District Court for the District of Wyoming, which also decided against granting the digital asset bank a master account with the US

Futures for prelaunch linked to a decentralized finance systemFriday saw a sharp increase in Ethena’s upcoming governance token, ENA, suggesting a market capitalization of more than $500 million by launch.A 22.29% rise over the course of a day was realized by the ENA/USD pre-debut futures, which are offered on the decentralized exchange Aevo, and traded at 73 cents during Asian trading hours. On April 2, holders of the $1.3 billion USDe token would receive an airdrop of 750 million ENA, or 5% of the entire supply, from Ethena.Prior to April 1st, traders who unlock, unstake, or sell their USDe will not be qualified for the airdrop.Based on the specified amount of airdrops and the anticipated going market price from prelaunch futures, the token’s market capitalization might start at $547.5 million at launch.The going market price multiplied by the circulating supply yields the market cap.In the meantime, the fully diluted market value (FDV) of ENA may exceed $10 billion.To determine market value, the FDV employs total supply. The announcement by Binance of a launchpool for users to bet their BNB and FDUSD farm ENA tokens is probably what caused the double-digit spike in the ENA prelaunch futures.Users frequently use the Binance launch pool, also known as a centralized yield farming service, to invest in early-stage companies. “The @ethena_labs prelaunch market on Aevo is up 20% on the back of their Binance Launchpool announcement,” Aevo said on X. Beginning on March 30 at 0:00 UTC, ENA farming will be available in the Binance launchpool for a period of three days.On April 2, the top cryptocurrency exchange will list ENA and enable trading in pairs such as ENA/TRY, ENA/BTC, ENA/USDt, ENA/BNB, and ENA/FDUSD. Comparable to the “I owe you” or IOU futures that many exchanges provide are Aevo’s pre-listing perpetual futures. Pre-listing perpetuals use the token’s spot price as a reference once it goes online and maintain perpetuals in line with it by collecting funding rates from traders.

The USD 35 million second funding round for P1 Ventures, a pan-African Seed Venture Capital (VC) fund, has successfully concluded. This will allow the business to grow by adding employees and extending its operations to Nairobi, Kenya, and Dakar, Senegal. The investment firm raised funding from a variety of industrial conglomerates, private enterprises, and general

The National Security Adviser, Nuhu Ribadu, and the Economic Financial Crimes Commission have been sued by the two Binance executives, who have been detained as guests of the Nigerian government since their arrival in February, for allegedly abusing their fundamental human rights, local media reported on Friday. The head of financial crime compliance at the

Six million British pounds ($7.6 million) of Craig Wright’s assets were placed under a worldwide freezing order by a U.K. judge to stop him from transferring them abroad and avoiding fees related to a legal dispute that determined he was not, as he had claimed, the creator of Bitcoin. Judge James Mellor, hearing the lawsuit

Blockchain technology has dramatically changed our understanding of financial transactions, data storage, and secure, decentralised communication in a very short amount of time. Blockchain technology has opened up a world of fascinating opportunities for the gaming industry, one of the most lucrative and popular industries in the world, with ground-breaking inventions like NFTs and the

Purchasers of FTX SOLs must consent to a four-year vesting period. The estate of the defunct cryptocurrency exchange FTX will sell institutional investors the remaining 41 million Solana, which are currently valued at $7.65 billion, at a discount of almost 68% to the market price. During the sentencing of FTX co-founder and former CEO Sam

According to his LinkedIn page, Patrick Donegan, the global chief compliance officer and head of OKX’s anti-money laundering efforts, resigned from his position at the second-largest cryptocurrency exchange after just six months on the job. Donegan managed a team of 300 people around the world, joined OKX in August 2023 and left in January 2024, his profile states. He described himself as a regulatory specialist on AML with “skills in creating policies and procedures, meeting regulatory expectations while promoting business initiatives and establishing strong relationships with regulators.” Cryptocurrency exchanges are facing pressure to clean up their act in regards to matters such as money laundering prevention.U.S. federal prosecutors have most recently accused cryptocurrency exchange KuCoin and two of its founders of breaking anti-money laundering rules.Similar accusations were settled by US authorities against Binance, the largest cryptocurrency exchange in the world based on trading volume, in November of last year. Previously, Donegan worked for over eight years as senior vice president and chief compliance officer at the erstwhile crypto-friendly Signature Bank.

Just a few weeks ago, the Ethereum blockchain underwent a revolutionary upgrade that created a specific area for storing data, or “blobs,” with the goal of lowering fees and easing congestion.However, a new project has already emerged to congest the so-called blob sector, driving increasing fees and posing the first significant stress test for the nascent blob market. Following the creation of a new method for minting inscriptions on data blobs, or “blobscriptions,” by a project named Ethscriptions, Ethereum gas fees for blobs increased on Wednesday.The Dune Analytics dashboard indicates that on Wednesday, the blob base charge increased to a minimum of 582 gwei ($266).The blob base charge was dropped to about 18 gwei ($8.69) as of Thursday’s posting. “As widely predicted, it looks like March 27, 2024, will be remembered as the day that the ‘blobs are free EIP-4844 launch discount’ party came to a close – courtesy of Blob Inscriptions,” Matt Cutler, the CEO of Blocknative, wrote on X. The proposal that introduced the new blob market is known as EIP-4844. It was integrated into Ethereum’s historic Dencun update, which was finished on March 13.The several layer-2 networks developed on top of Ethereum, such as Arbitrum, Optimism, Polygon, and Coinbase’s Base, depend heavily on the blob space to execute transactions more swiftly and affordably than is feasible on the main chain.Reams of data must be parked on Ethereum by the layer 2s as part of the process, which significantly increases their overall prices. Ethereum co-founder Vitalik Buterin admitted in a blog post on Thursday that the Blobscriptions incident had forced the new blob-fee market into “price discovery mode,” but he also noted that the data fees were still significantly lower than they would have been under the previous arrangement, which involved parking data as “calldata” in a typical Ethereum transaction. “Blobs are not free, but they remain much cheaper

Tokenized US Treasury debt is seeing a boom in the market. For the first time, the market value of Treasury notes tokenized via public blockchains such as Ethereum, Polygon, Valanche, Stellar, and others has surpassed $1 billion, according to statistics monitored by Tom Wan, an analyst at 21.co. Digital copies of US government bonds known

The Canadian Province of British Columbia is attempting to use Michael Patryn, co-founder of QuadrigaCX, as a target for an unexplained wealth order, a novel form of court order that requires an individual to provide an explanation for how they obtained their riches. Mike Farnworth, the province’s minister of public safety and solicitor general, said

When the Financial Services Authority (OJK) takes over industry oversight in January 2025, cryptocurrency companies will first need to undergo evaluation in a regulatory sandbox before being granted a licence to operate in Indonesia. At a press conference on Tuesday, Hasan Fawzi, the regulator’s head of supervision for financial technology, digital financial assets, and cryptocurrency,

21Shares, one of the leading cryptocurrency exchange-traded product (ETP) issuers, is releasing a staking ETP based on Toncoin (TON).The new Toncoin Staking ETP is a 100% physically backed product that follows TON’s performance while reinvesting staking dividends into the ETP for increased performance.The product will be listed on the Swiss SIX Exchange under the symbol TONN on March 27, according to a company announcement to Cointelegraph on Wednesday. The new cryptocurrency investment product seeks to give investors the possibility to receive TON staking rewards without having to set up and run a staking node.The TON Blockchain achieves network consensus through a proof-of-stake (PoS) paradigm, which allows validators — or network security supporters — to receive rewards by staking.Users must normally have at least 600,000 TON ($2.9 million) to qualify for staking, according to the TON Foundation, however they are permitted to pool their assets. With 21Shares, investors can get the benefits of Toncoin staking without the technical complications that come with it.Instead, they will benefit from the convenience and liquidity of traditional financial markets, according to the announcement.According to Ophelia Snyder, co-founder and president of 21Shares, TONN is the “first and only TON ETP” to be established.Snyder informed Cointelegraph that the firm decided to create a staking ETP rather than a spot ETP because staking ETPs are “superior to non-staking ETPs as the staking yield benefits ETP holders.” She added. “A non-staking ETP would forego their income stream which is paid in TON, so for investors thinking in USD terms, their USD on yield cost goes up if TON goes up.” According to the 21Shares website, the Toncoin Staking ETP has a launch capitalization of $25 million, which equates to around 5 million TON as of writing.The ETP’s net asset value is initially fixed at $20. According to 21Shares, the TONN ETP offers investors a regulated and secure option to access The Open Network, a blockchain network used by popular crypto-friendly messaging apps such as Telegram. “The Open Network aims to create a comprehensive ecosystem of user-facing services like the super-app WeChat, offering products

A federal judge said that the U.S. Securities and Exchange Commission’s lawsuit against Coinbase should proceed because it presented a strong enough case to support its claim that the cryptocurrency business is running an unregistered broker, exchange, and clearinghouse. The majority of Coinbase’s move to have the SEC complaint dismissed was denied by U.S. District

The second-biggest cryptocurrency exchange, OKX, and the Malta Financial Services Authority (MFSA) agreed a little-noticed settlement last month for several “failings” pertaining to Okcoin Europe, for a total of 304,000 euros ($329,000). According to a filing, the Malta regulator’s examination discovered violations of Article 41 of the MFSA Virtual Financial Assets Act. Despite being ambiguous,

According to data from Nansen and Arkham Intelligence, cryptocurrency exchange KuCoin had withdrawals totaling about $1 billion in the last day, and its assets under management (AUM) fell 20% as a result of the trading platform being charged by US authorities. During that time, the exchange saw withdrawals of $1.083 billion via Ethereum Virtual Machine-compatible